Extra! Extra! Fresh news on electric vehicles, EV and how they are setting themselves to take over mass transportation!

Luxgen Unveils Prototype. Remember the Taiwanese company called Luxgen Motor Co. Ltd. who partnered with AC Propulsion to develop an EV prototype we wrote about a few weeks ago? They have announced it with a launch of its first multipurpose vehicle/minivan nearing mass production.

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Ford Fusion Hybrid. Even thought Ford has the best rated hybrid, HEV SUV, they don’t seem to tout their development in that field. Yet, their next-generation hybrid system, which will be used on their Fusion and Mercury Milan will debut in 2010, according to Market Watch. The cars will be able to operate on electric mode up to 47 mph and average fuel economy will be nearly 40 mpg.

GM Axes Developments. In order to stop the bleeding, GM is postponing nearly all of its spending on product development for the next two years, according to ABC. Wait a second, wasn’t the government cash infusion suppose to help GM develop EV and plug-in hybrids, PHEVs? Theoretically, the Chevy Volt wouldn’t suffer but it isn’t the same thing for the Chevy Cruze, which would also help show GM’s new face as a producer of fuel efficient cars. Indeed, tricky situation.